Superior Energy Services, Inc. is an oilfield services company. In 2014 it ranked 534 on the Fortune 1000.
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History
The company was founded in 1989 by Terence Hall, a native of Louisiana. It had an initial public offering in 1995, when it became listed on the New York Stock Exchange. Hall remained CEO of the company until he stepped down in 2010 and was replaced by current CEO David Dunlap.
In 2012, the company grew significantly with its acquisition of Complete Production Services for approximately $2.7 billion.
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Rig Seizures by Venezuela
On October 31, 2013, two oil rigs belonging to Superior Energy Services were seized by the government of Venezuela. The company had shut down the rigs for several months as a result of a dispute over unpaid bills with the state-owned oil company PDVSA.
Source of the article : Wikipedia
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